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AerSale, Sanad Group strengthen industry collaboration with strategic inventory sale

ABU DHAB/WAM AerSale, Inc., a leading provider of aviation products and services, today announced at the Airline Economics Conference the acquisition of a parts portfolio from the Sanad Group, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala). The portfolio includes high-demand components for widely operated aircraft models such ...

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Shaping The Future of Real Estate: A new boutique experiential living concept is set to reimagine Dubai’s premium real estate sector

DUBAI/GULF TIME A Dubai-based real estate company is set to bring a completely different perspective to the real estate sector in 2025 with a new division dedicated to developing boutique living opportunities in iconic locations. Standing out in the ‘sea of sameness’ which makes up today’s property market, AVENEW Development – a new arm of AVENEW real estate – is ...

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ADNOC Gas delivers record $5 billion net income for 2024

ABU DHABI/ WAM ADNOC Gas plc and its subsidiaries today announced record earnings for the full year (FY) 2024 of $5 billion and its highest quarterly income of $1.38 billion since its IPO. Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, said, “Our record-breaking fourth quarter results demonstrate our ability to deliver on our ambitious growth strategy as we ...

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